SURGE Act of 2026

This bill would require the Federal Energy Regulatory Commission, within one year, to issue a rule letting federally regulated transmission utilities keep a share of verified cost savings from actions that reduce electricity lost on transmission lines. The utility's share would be set between 10 and 60 percent of the savings, recovered over 2 to 5 years, with independent verification and annual reports, and any overpayments credited back to ratepayers. The Department of Energy would publish guidance for state regulators on similar programs for utilities not regulated by the Commission and would run a grant program for state regulators. The Department would also study current transmission rate methods and alternative incentive frameworks every five years.

Full text and official record on Congress.gov

Sponsors

• Sean Casten Democrat sponsor
• 0 cosponsors